Fiat Currency COLLAPSE Update 04/07/18
As I am writing to you around the world, it seems like many fiat currencies are yet again to cycle through their lifecycle and there are a few that if you saved money in them, you would suffer. I thought I'd let you know what is happening worldwide. We are about to celebrate the US independence Day, but what people forget is that they areslaves to the current bankster owned and run central banking system.
Here is an update as of today 04th of July 2018.
Sudan and the Sudanese Pound:
Since April 2010 the new Sudanese currency has fallen -87.57%. What a great investment? Fiat never is, but the poor people living in the country where they were forced upon this currency had their live savings disintegrated from massive devaluation.
Here is another unknown currency. It is the Uzbekistanian Som. It has dropped -81.44% since August 2009. Of course, these are the values towards the dollar which is regularly devaluing from more and more monetary creation.
The next one in Egypt. Its Pound has dropped -74.38% since January 2003 Josh, and I made a video on their devaluation a while back.
How about the Angolan Kwanza that has dropped -68% since 2009.
Or the Liberian Dollar dropping -71.54% since December 2008.
Here is the Kazakh Tenge that has dropped -75.38% since January 1999.
Or the Mexican Peso that has dropped -48.61% since 2010.
We cannot forget the notorious Argentinian Peso that has dropped -96.48% since 1992.
Here is the Brazilian Real since 1994 has dropped -76.56%.
The Iranian Rial has also had a severe devaluation going down -76.56% since May 0f 2000.
The Uruguayan Peso has dropped -43.71% since August 2011.
Last but least I wanted to show you the historical decline of the Venezuelan Bolivares Fuerte. It has dropped -99.99% since January 1989. Current exchange rate using BTC as an intermediary has the exchange rate at 3,108,103.92 to USD not the official number of 114,856.30 to USD.
The observation is that these currencies have been devalued against the US Dollar. Has the US Dollar become stronger than or has the US Dollars value fallen as well? Let's use the old medium of measure called gold and see if the dollar is losing value and with that the other currencies losing even worse value.
If you use the gold price from 2000 you'll find that the USD has lost -78.34% in value, but that's the paper price and if you account for the market cap of the GLD vs. real gold, not paper the price of gold should be closer to $679,397 if you take away the 542 paper claims per physical deliverable bullion available. Let that thought sink in and then if you consider that price the dollar has lost -99.95% of its value since 2000. That is just a thought experiment and not the potentially real price, but I just used the COMEX paper claims per physically deliverable ounce of gold.
Peace, Love and Voluntaryism,
John Sneisen
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Very information in this post
That's why i say, invest in crypto ;)